I have plotted my net worth using my money app.
Since I split from my ex 5 years ago, I have concentrated on the FI vibe in a light hearted way. It was the push from my redundancy the other year that started my more driven approach to FI.
I am glad to see that I have been increasing my net worth rather than it being a flat-line.
Over the past 6 years my net worth has been growing slowly, if I had been pushing it earlier on I could have a much bigger net worth and very likely be FI by now!
Seeing this has spurred me on to try and grow this however I can. It would be great to utilise this to generate income for me so I can give up my current day job, pick and chose when I work in the future – freedom indeed – I can dream.
I thought I would post an update to my net worth, I am quite chuffed with the increase.
My end of 2014 update to this is that I have reviewed by net worth given my movement of investing from income funds to index trackers. Headline figures below:
2012 = 0 – baseline
2013 = 30% net worth increase from 2012
2014 = 25% net worth increase from 2013 – great given my job insecurities and economy.
2015 = 8% net worth increase from 2014 – so far so good.
2016 = My net worth has dropped. I am in plateau mode.
2017 = My net worth is still not increasing. My investments are not growing and it shows.
Keep plugging away while I am working and I should get there! A dream come true – phew! When that day comes, it will be a day I celebrate big time!
** Net Worth is calculated excluding pension and property assets.